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blames israel. >> they want to control gaza, the people, the economy, they want to control everything. >> welcome to the great palestinian divide. ramallah is hardly boomtown but a galaxy apart from gaza. the market is busy. coffee shops are packed. and nine different arab banks compete for customers at this ramallah mall. stan helped build the mall. he says better than gaza isn't good enough. and, again, he blames israel. >> israel now has the leisure to be able to pick and choose how much restrictions it puts on the various palestinian areas, but that doesn't mean that ramallah is not under military occupation. we are very much in a cage. and around this cage is either israeli settlements or military checkpoints. >> he lives here but raised in youngstown, ohio. an american citizen who voted twice for president obama but believes visiting israel and ramallah now is a big mistake. >> coming and going without bringing any kind of political movement is em boldening israel and imboldening israel with this right wing government means more settlement means more collapse for the palestinian
, obviously the global economy would be in jeopardy and that obviously includes u.s. markets. naturally europe is one of our biggest trading partners. but for now investors don't seem to be too stressed. it is a very tiny country. it doesn't have the same impact like say france or germany. plus, we have seen a huge rally in the stock market since the start of the year. major averages up 7% to 10%. you know, it would take a lot to change that. michael. >> be half up on the day already. >> right. and of course big frustration, people can't get to their money from the banks. but then, jim, maybe you have some encouragement. any sign perhaps banks will reopen as early as tuesday perhaps? >> that can only happen if there's an agreement here to save the banks. the restructure, shutdown, whatever you want to call it. and reorganize these banks and europe says, okay, we'll allow the european central bank, think of that like the federal reserve, putting money into these banks just to keep them alive for a few more weeks. the federal reserve of the european central bank says we will shut that money off
the recession that follows on as they try and make the economy back on track. this was done because some european countries believed to be the fins and germans and other northern european countries wanted to make sure they were not seen as bailing out rich russian who have accounts in cyprus. or indeed they now felt that people had to pay their part of the pain. but it was not done in ireland. it was not done in portugal. it was not done in greece. and with the prospect of possibility of spain and italy, you can see -- i cannot find, michael and suzanne, i cannot find one economist or banker that i've spoken to today that says this was a good idea. everybody agrees it was a pretty awful policy. >> let's bring in alison. i want you to weigh-in on the conversation here. we're looking at the u.s. markets. looks like it's down by eight points or so. what is the impact do you think in the united states? >> it's actually come back a long way, hasn't it? >> michael, it really has. you saw the knee-jerk reaction right when the bell opened the dow dropped as much as 110 points. obviously it's com
, the economy comes to life. norfolk southern. one line, infinite possibilities. try align. it's the number one ge recommended probiotic c" that helps maintain digestive balance. ♪ stay in the groove with align. ♪ need help keeping your digestive balance in sync? try align. it's a probiotic that fortifies your digestive system with healthy bacteria 24/7. because your insides set the tone. stay in the groove with align. >>> three years ago, the scene after at fukushima nuclear plant in japan. recall the earthquake and tsunami hit the area, waves knocked out cooling systems to reactors leading to meltdowns at three of them. >> that's right, tens of thousands of people evacuated and they still have not been able to return to their homes. last night a power outage hit the same nuclear plant, and now crews are working to restore some of the cooling systems. >> want to bring in chad meyers. help us understand how the cooling systems work and how dangerous this potentially. >> is a closed system, water pumps in and out of a reactor, the core here is not acting at all but talking about the pool
to take for cyprus' economy to recover from this? >> very good question. that's what a lot of people were really worried about whether or not what's happening there could happen in other places. >> we saw in europe seizain was saying hang on this might have longer term implications and reigned back a bit. zain, thanks so much. zain asher there. >>> secretary of state john kerry dropping in to meet with president hamid karzai. announcement coming at a time of tension as you can imagine between president karzai and coalition forces and u.s. forces in afghanistan. >> those tensions escalated this month after a bomb blast in kabul that killed nine people, kerry and president karzai just wrapping up a news conference actually. we'll update you on any developments from that. >>> also in afghanistan today another sign that u.s. involvement there is now winding down. the united states handed over full control of a prison near bagram air base to afghan authority. >> the transfer announced a year ago was supposed to take place within six months, but tensions with president karzai and concerns about
Search Results 0 to 4 of about 5